Report Estimates Trillions in Indirect Losses Would Follow Quantum Computer Hack

Caute_cautim — Mon, 09 Oct 2023 10:32:58 GMT

Hi All

Being prepared is far better than being unaware especially in the financial sector:

The continued development of quantum computing technologies stands to have a major impact on classically-encrypted digital networks, with a new report emphasizing the financial sector as a potential target for powerful quantum algorithms.

The final results of the analysis suggest that a hack executed by a quantum computer on macroeconomic financial institutions could result in an indirect GDP loss between $2 trillion and $3.3 trillion.

You can see it online here:

https://www.hudson.org/events/prosperity-risk-quantum-computer-threat-us-financial-system?utm_campaign=wp_the_cybersecurity_202&utm_medium=email&utm_source=newsletter&wpisrc=nl_cybersecurity202

Good for CPEs too: 1 hours 39 minutes long

Regards

Caute_Cautim

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Report Estimates Trillions in Indirect Losses Would Follow Quantum Computer Hack